Yes, you can take out a home loan on your mothers property if she is the owner and agrees to be a co-applicant or guarantor for the loan. When determining loan eligibility and interest rate, the lender will consider the propertys market value, the borrowers income, and creditworthiness. To ensure a smooth loan approval process, the propertys title and legal ownership should be clear, and all necessary documents, such as property registration, tax receipts, and NOC from local authorities, should be in place.
